Day: September 4, 2020

The U.S. Housing Shortage Is Getting Worse—Especially in These Places

September 2, 2020 by

Meanwhile, San Francisco has experienced a flood of homes for sale as Americans flee dense, expensive cities.

America’s housing shortage was intense before the coronavirus hit, with the number of homes for sale slumping 7% year over year in February. Now it’s even more acute: Supply dropped for the twelfth-straight month in July, plummeting nearly 20% to just 1.9 million homes—the lowest level of any July on record. Some of the nation’s most affordable areas are driving the deficit.

In San Antonio, TX, the number of homes for sale was

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Rita Hamlin’s grand Darling Point home with Florence Broadhurst wallpaper sells for $10m+

No. 15 Eastbourne Rd, Darling Point has sold.

Yet another one of Sydney’s grand old homes — sitting on the shelf since before COVID-19 struck — has been snapped up in continuing positive signs for the prestige market.

A 1920s landmark residence in Darling Point owned by Rita Hamlin for 45 years, with spectacular harbour views, has sold for more than $10m, reliable sources say.

However its sales agents, Richardson and Wrench Double Bay agents Michael Dunn and Andrew Birbeck, wouldn’t comment on the sale price when contacted due to a confidentiality agreement.

The five-bedroom home Kendall Lodge, with Florence

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